Bolton Wanderers has been given 14 days to conclude the deal with Sports Shield Consortium by the High Court.
The club had initially been given an adjournment until 22nd February to have either closed a deal with a potential buyer or have raised sufficient short-term funds from asset sales.
“Whilst this continues to be a challenging time for everyone associated with the club, we are confident that this adjournment will give us the necessary time to conclude a transfer of ownership of the club, subject to approval from The Football League,” said Trevor Birch, Advisor to the Board and Owner at Bolton Wanderers.
Former Bolton player Dean Holdsworth is a Director at Sports Shield Limited which offers boutique finance opportunities for investors.
“This has been an incredible journey with many twists and turns but we have stayed in this because we believe in the future of Bolton Wanderers,” said Dean.
“To save this club is amazing, to be able to maintain its legacy, its great fans and its history.
“I must be clear that we’re still subject to Football League ratification, however the outcome is looking very positive.”
Dean praised the work of Sports Shield’s investment partners and legal team in helping it complete the deal.
“Sports Shield has shown its strength in its core company values, we haven’t made statements and false promises, we just ticked the [boxes],” said Dean.
“We remain a very private company who find solutions for businesses and individuals.
“I look forward to a new era at BWFC and welcome the fantastic fans to join us at the home game on Saturday.”
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